pleasure after not less than five nor more than thirty years, or, if deemed expedient, made payable at any period not more than forty years from date. Said bonds shall bear interest not exceeding 6 per centum, payable semi-annually Authorizes an issue of Treasury notes, not exceeding three]] Treas'y notes 3 years. 13 years after 6 com] years to run, interest not over 6 per cent, principal and interest payable in lawful money. Also, authorizes the issue of and in lieu of an equal amount of bonds authorized by the first section, and as a part of said loan, not exceeding $200,000,000 in Treasury notes of any denomination not less than $10, payable at any time not exceeding three years from date, or, if thought more expedient, redeemable at any time after three years from date, and bearing interest not exceeding the rate of 7 3-10 per centum, payable in lawful money! at maturity, or, at the discretion of the Secretary, semiannually; and such of them as shall be made payable, principal and interest, at maturity, shall be a legal tender to the same extent as United States notes, for their face value, excluding interest, and may be paid to any creditor of the], 22,803,988 59 125,561,300 00 Treas'y notes 3 years. 3 years after 6 com Substitute 177,045,770 122,394,480_00 April 12, '66 Authorizes the Secretary of the Treasury, at his discretion, to June 30, 7016 p. c. 301,880,250 00 July 1,'62 & Bonds issued to the Union Pacific Railroad Company in ac-Union Pacific R 30 years Jan. 15, 1895 6 p. c. March 2, '67 For the urpose of redeeming and re iring any compound in- REPORT OF THE COMPTROLLER OF THE CURRENCY. The Comptroller of the Currency presents a very interesting and elaborate report, but our limited space prevents our giving more than the following extracts: Since the last annual report nine National banks have been organized, of which six are new associations, and three were organized to take the place of existing State banks, making the total number organized up to October one thousand six hundred and seventy-three. The following table will exhibit the number of banks, with the amount of capital and circulation, in each State and Territory : Totals....... 314 203 208 2 206 In opera tion.g closed. Closing or in. 61 $9,085,000 00 $8,407,250 4,735,000 00 4,772,000 4,223,855 4,214,155 40 6,510,012 50 6,474,000 57,429,205 56,961,665 62 12,508,670 12,470,220 82 24,584,220 00 19,740,000 17,556,585 17,452,823 8 306 116,494,941 00 79,516,050 72,558,865 69,209,277 54 11,333,350 00 9,134,965 5 198 50,277,990 00 44,244,250 39,359,070 38,839,030 32 12,590,202 50 10,065,750 8,959,600 8,894,900 1,348,200 1,205,025 1,198,825 1,550,000 00 1,442,000 1,276,500 1,266,000 2,149,980 2,146,680 15 2,216,400 00 2,243,250 1,994,750 1,988,550 18,405,920 11,015,040 10,852,250 9,544,710 9,521,810 4,357,700 3,825,125 3,822,425 2,893,250 2,564,550 2,559,050 8,709,150 3,237,705 3,230,090 1,682,200 1,486,000 1,477,500 382,000 315,500 314,000 3,519,290 3,437,620 2,342,020 1,283,040 1,232,040 2 1,800,000 00 1,408,000 1,245,000 1,245,000 150,000 00 75,000 66,000 66,000 170,000 170,000 254,000 254,000 280,600 585,000 00 170,000 153,000 153,000 500,000 00 410,500 353,025 853,025 131,700 88,500 88,500 407,400 200,000 00 200,000 179,500 179,500 135,000 135,000 36,000 36,000 43,900 ..1,673 341,639 $424,394,861 00 $340,675,000 $303,988,971 $299,103,996 From the number of banks organized, heretofore stated to be sixteen hundred and seventy-three, should be deducted thirty-four, leaving the number in active operation sixteen hundred and thirty nine. The banks to be excluded are the following: NEVER COMPLETED THEIR ORGANIZATION. The First National Bank of Lansing, Mich. The Second National Bank of Ottumwa, Iowa. SUPERSEDED BY SUBSEQUENT ORGANIZATIONS WITH THE SAME TITLES. The First National Bank of Norwich, Conn. The First National Bank of Utica, N. Y. IN THE HANDS OF RECEIVERS. *The First National Bank of Attica, N. Y. The Venango National Bank of Franklin, Penn. The First National Bank of Washington, District of Columbia. The First National Bank of Medina, N. Y. The Tennessee National Bank of Memphis, Tenn. The First National Bank of Newton, Mass. The First National Bank of Selma, Ala. The First National Bank of New Orleans, La. The National Unadilla Bank of Unadilla, N. Y. The Farmers' and Citizens' National Bank of Brooklyn, N. Y. IN VOLUNTARY LIQUIDATION. Closed and Closing under the Provisions of Section 42 of the Act of June 3, 1864. The First National Bank of Columbia, Mo. The First National Bank of Carondelet, Mo. The First National Bank of Leonardsville, N. Y. Since Oct. 1, 1866: The First National Bank of Elkhart, Ind. The First National Bank of New Ulm, Minn. The Farmers' National Bank of Richmond, Va. The National Bank of the Metropolis, Washington, D. C. The Farmers' National Bank of Waukesha, Wis. The National Bank of Crawford County, Meadville, Penn. The City National Bank of Savannah, Ga. Closed for the Purpose of Consolidation with Other Banks. The Pittston National Bank of Pittston, Penn., consolidated with the First National Bank of Pittston, Penn. The Berkshire National Bank of Adams, Mass., consolidated with the First National Bank of Adams, Mass. The Fourth National Bank of Indianapolis, Ind., consolidated with the Citizens' National Bank of Indianapolis, Ind. Since Oct. 1, 1866: The Kittanning National Bank of Kittanning, Penn., consolidated with the First National Bank of Kittanning, Penn. The First National Bank of Providence, Penn., consolidated with the Second National Bank of Scranton, Penn. The National State Bank of Dubuque, Iowa, consolidated with the First National Bank of Dubuque, Iowa. The Ohio National Bank of Cincinnati, Ohio, consolidated with the Merchants' National Bank of Cincinnati, Ohio. BANK FAILURES. Since the organization of the first National Bank, which occurred June 20, 1863, up to Oct 1, 1867, a period of four years and three months, ten National Banking Associations have failed. *The First National Bank of Attica is now closed, its circulation paid in full, with a dividend to creditors of sixty cents on the dollar. + Government deposits are not included in this item. The only loss to the Government will result from the failure of the Merchants' National Bank of Washington, which has been investigated by a Congressional Committee. |